Crude Oil Futures Surge: Experts Predict More Upside Gains as Demand Skyrockets!
The concept of open interest refers to the total number of outstanding futures contracts, which have not yet been closed, exercised or expired. Open interest signifies the level of trading activity and liquidity within the market, often giving traders an insight into potential market direction and trends. A rising open interest could suggest that new […]
“Natural Gas Futures Poised for Impressive Near-Term Bounce: Uncover the Potential Now!”
The latest advanced figures released by CME Group has indicated that open interest in natural gas futures markets has risen for the second consecutive session on Friday. This remarkable increase further reflects the positive trajectory for the natural gas industry and sets an optimistic outlook for the future growth of the market. To understand the […]
“Oil and BoC Shifts Offer Exciting Opportunities: Unveiling MUFG’s Lower Scope Predictions”
The USD/CAD is heading towards its lowest weekly close since February, falling below 1.3400. Analysts at MUFG Bank believe that the Canadian Dollar has the potential for short term outperformance. They have expressed caution regarding the prospects for CAD, stating that it will most likely be a laggard compared to most of the G10 currencies […]